This paper proposes statistical analysis of phase-only correlation functions with phase-spectrum differences following wrapped distributions. We first assume phase-spectrum differences between two signals to be random variables following a linear distribution. Next, based on directional statistics, we convert the linear distribution into a wrapped distribution by wrapping the linear distribution around the circumference of the unit circle. Finally, we derive general expressions of the expectation and variance of the POC functions with phase-spectrum differences following wrapped distributions. We obtain exactly the same expressions between a linear distribution and its corresponding wrapped distribution.